Schwab Trading Activity Index™: STAX Score Slightly Down in December, Breaking Streak
Market Intelligence Analysis
AI-PoweredThe Schwab Trading Activity Index (STAX) decreased to 48.48 in December, ending a streak of consecutive increases, and indicating a slight decline in retail investor trading activity.
Market impact analysis based on neutral sentiment with 70% confidence.
Article Context
WESTLAKE, Texas, January 05, 2026--The Schwab Trading Activity Index™ (STAX) decreased to 48.48 in December, down from its score of 48.75 in November. The only index of its kind, the STAX is a proprietary, behavior-based index that analyzes retail investor stock positions and trading activity from Schwab’s millions of client accounts to illuminate what investors were actually doing and how they were positioned in the markets each month.
Analysis and insights provided by AnalystMarkets AI.